Wakefield-based manufacturer, Thurston Group, is on track to deliver a £50 million turnover for the year. Meaning it will have more than doubled over the last three years alone, all despite operating throughout the global pandemic, after a series of record-breaking quarterly results.
The effect of the coronavirus pandemic has seen an unprecedented impact on the global, national, and local economies. But the business was able to stay fully functional during the pandemic, with office-based staff moving to remote working and factory staff being able to continue working within operating bubbles whilst adhering social distancing. This meant that their modular and portable building manufacturing and projects could all continue as planned.
This growth acceleration has helped push the business forward. Those who needed a quick solution during the pandemic turned to Thurston’s and modern methods of construction as partners of choice. Thurston’s was able to deliver emergency intensive care units for hospitals to increase their capacity, vaccination centres to support the vaccine rollout, many hospital extensions and testing centres.
Employing over 350 staff from Yorkshire and beyond, Thurston’s growth also means that it’s able to produce well over 550 units per month from its three manufacturing sites. According to the recently issued accounts, Thurston Group’s turnover at the end of October 2020 reached £35.3 million. Due to this significant growth, Thurston’s is now looking for a significant number of employees and apprentices across all departments to support further growth plans.
Matthew Goff, Managing Director at Thurston Group, said, “We’re really pleased to have seen another successful year of growth, which has produced record results in all areas increasing our turnover. Our continued success is directly attributed to the efforts made growing our client base throughout the UK and Ireland along with a recently secured place on the £1.6bn NHS SBS MB2 Framework, putting us at the forefront of our industry.
Furthermore, our positive financial position means we will continue to provide capital expenditure and investment into our production facility locations; modernising and improving both the working environment for our employees. Whilst at the same time improving the production capacity of each Thurston’s location. More recently the planning for a dedicated sub-assembly facility on the Horbury site significantly improves our production capacity, whilst also increasing manufacturing floor space at this site. ”